M/S SHREE CHAMUNDI MOPEDS LTD., (IN LIQN) v. NIL
Court: High Court of Karnataka
Bench: ASHOK S.KINAGI
Judgment date:
Case summary
High Court of Karnataka judgment dated 2024-12-19. M/S SHREE CHAMUNDI MOPEDS LTD., (IN LIQN) v. NIL. Read the judgment and case details on LawSphereX.
Judgment text
- 1 - CA No. 331 of 2024 IN COP NO. 77/1987 IN THE HIGH COURT OF KARNATAKA AT BENGALURU TH DATED THIS THE 19 DAY OF DECEMBER, 2024 BEFORE THE HON'BLE MR JUSTICE ASHOK S. KINAGI COMPANY APPLICATION NO. 331 OF 2024 IN COMPANY PETITION NO. 77/1987 BETWEEN: 1. M/S SHREE CHAMUNDI MOPEDS LTD. , (IN LIQN) REPRESENTED BY OFFICIAL LIQUIDATOR, HIGH COURT OF KARNATAKA, CORPORATE BHAVAN, 12TH FLOOR, RAHEJA TOWERS, NO. 26-27, M G ROAD, BENGALURU 560 001. …APPLICANT (BY SRI. K S MAHADEVAN. ,ADVOCATE FOR OL) Digitally signed AND: by B VEENA 1. KUMARI NIL Location: HIGH COURT OF …RESPONDENT KARNATAKA THIS COMPANY APPLICATION IS FILED UNDER SECTION 462(5) OF THE COMPANIES ACT, 1956 R/W RULES 11(B) AND 298 OF THE COMPANIES (COURT) RULES, 1959, PRAYING THIS HON'BLE COURT TO:TO APPOINT AN AUDITOR TO AUDIT THE ACCOUNTS OF THE OFFICIAL LIQUITATOR FOR THE HALF YEAR ENDING 31. 03. 2024 AND FIX THE REMUNERATION.
THIS COMPANY APPLICATION, COMING ON FOR FINAL HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 2 - CA No. 331 of 2024 IN COP NO. 77/1987 CORAM: HON'BLE MR JUSTICE ASHOK S. KINAGI ORAL ORDER Official Liquidator has filed an application placing on record, Audit report as contemplated under Section 462 of the Companies Act, 1956. 2. The Audit report is accepted for the reasons stated therein and notice to the creditors and contributories contemplated under Section 462(5) of the Companies Act, 1956, is dispensed with on the submission of the Official liquidator as the assurance this Audit report would be hosted in the Official Liquidator's website so as to enable the inspection by the creditors and contributories in terms of Rule 304 of the Companies (Court) Rules, 1959. 3. Notice is dispensed with taking note of the undertaking. - 3 - CA No. 331 of 2024 IN COP NO. 77/1987 4.
The Official Liquidator is directed to make payment of the fees to the Chartered Accountant as ordered by this Court earlier. Accordingly, Company application is disposed of. Sd/- (ASHOK S. KINAGI) JUDGE RCK, List No. : 1 Sl No. : 2
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